Bond Market Update

Updated: 27-Oct-25 11:35 ET
2-yr Auction Out

Treasury Auction Results

  • $69 bln 2-year Treasury note auction:
    • Auction results:
      • High yield: 3.504% (When-Issued: 3.503%)
      • Bid-to-cover: 2.59
      • Indirect bid: 53.7%
      • Direct bid: 34.8%
    • Average results of previous 12 auctions:
      • High yield: 3.981%
      • Bid-to-cover: 2.61
      • Indirect bid: 65.7%
      • Direct bid: 22.8%
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